Jun 16, 2020 — • Well established, turn-key business with $342,000 Sellers Discretionary Earnings for 2019.
• Price: $550K (Reduced from $1.7MM)
• Originally pre-approved for SBA loan at $1.7 million.
• Company was 2 weeks from close at $1.52 million Pre-COVID19.
• 29-year history of profitability.
• 14,000 registered companies with HR Director contacts.
• Company is positioned to resume sales when SoCal attractions re-open.
• Principles are retiring.
The owners of this business founded the Corporate Entertainment Benefit Industry when this business began in 1991. This business provides a free corporate benefit to qualifying companies in the form of discount tickets for a wide array of family entertainment such as theme parks, water parks, zoos, concert and sporting events, dinner theaters, ski resorts and much more. These tickets are offered for sale, sold, auto-processed, and instantly delivered to the end user from a high functioning, state-of-the art website. Historically this business sells tickets to 130,000+ active and registered employees from 14,000 registered companies in SoCal and the western United States. This company is well known in the corporate community and has an outstanding reputation for service and integrity.
Website: This company’s website is proprietary and is completely customized to satisfy its unique industry specifications. It is state-of-art, includes an online store, and was designed for flexibility and expandability. It integrates sales, marketing, inventory, and some accounting into easy to use customizable modules. The developer is available after sale if needed. Can easily offer additional products and services.
Great potential to offer additional corporate benefits to client employees, by introducing new affiliates, additional products, and services at a discount.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted.
Disclaimer: DealStream has not independently verified any of the information in this post and makes no warranty as to its accuracy or completeness.